Mon.Jan 07, 2019

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions for 2019 from Southern California's technology industry. Here's the contribution by Matt Stodder of StartupBoost LA (our apologies to Matt for the late post, our fault, not his!). What was the biggest lesson you learned this year?

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Santa Monica E-sports Company Files $25 Million IPO

L.A. Business Journal

Super League Gaming Inc., a Santa Monica company that organizes amateur e-sports competitions, filed a $25 million initial public offering with the Securities and Exchange Commission Jan. 4.

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HyperX Launches New Products At CES

socalTECH

Fountain Valley-based HyperX , the gaming division of Kingston Technology, is hitting CES hard with its product releases, saying this morning that it is launching headsets, microphones, mice, and memory at the consumer electronics show. The company said its new product includes new products including the HyperX Quadcast Standalone Microphone, HyperX Predator DDR4 RGB 16GB modules, and new HyperX Cloud Orbit and Cloud Orbit S Headsets, plus its HyperX Pulsefire Raid RGB gaming mouse and HyperX Cl

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brunchwork w/ Netflix and Backstage Capital

SoCal Tech Calendar

Sunday, January 13, 2019 -- brunchwork w/ Netflix and Backstage Capital. You're invited to an unforgettable brunch with Netflix Originals Launch Strategy, Product Innovation Victoria Young and Backstage Capital founder Arlan Hamilton. Enjoy a fireside chat with Victoria and Arlan curated connections, a business challenge and pitch off. over a seasonal, locally-sourced meal.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Fandango Inks Streaming VOD Deal With IMAX

socalTECH

Los Angeles-based Fandango , the movie ticketing and movie information provider, has inked a new deal to stream films from IMAX , as part of its video-on-demand service, FandangoNOW , the company said on Monday. According to FandangoNOW, it will become the exclusive, transactional video-on-demand (VOD) service which will feature IMAX Enhanced films releasing to home video through 2019.

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Baby Boomers May Be Your Biggest Startup Competitors

Startup Professionals Musings

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. In fact, according to the latest Index of Startup Activity by the Kauffman Foundation and recent press reports , these Baby Boomers are actually driving a new entrepreneurship boom.

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Silicon Beach Report Jan. 7: Allen, DiMaria Join Rainn Wilson’s SoulPancake

L.A. Business Journal

Ring offers new products; Government shutdown delays SpaceX launch; SoulPancake hires new executives

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BlackLine Expands In Japan, Names Country Manager

socalTECH

Los Angeles-based BlackLine , a developer of enterprise accounting and finance software, is expanding its overseas efforts, saying on Tuesday that it has named a new country manager for Japan, for its recently estabished Tokyo subsidiary. According to BlackLine, Yoshiko Furuhama will be representative director and country manager for BlackLine K.K. Ms.

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Bio-JPM Roundup: Lilly Buys Loxo, Sage’s Stock Soars, ALS Cash & More

Xconomy

The flow of biotech news is particularly heavy today, and for good reason. The annual J.P. Morgan Healthcare Conference, one of the biggest gatherings for the biopharmaceutical industry, kicked off today in San Francisco, and many companies, whether they’re speaking at the event or not, use this time to get their news out. Xconomy is on the ground covering the conference this week.

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Disney Shutters Parenting Blog Site, Babble

socalTECH

Burbank-based Disney has shut down parent blog site Babble , according to the site, which did not say why it was shutting down. Disney had owned Babble since 2011. The site had originally been founded in 2006 by Rufus Griscom and Alisa Volkman, covering topics around parenting and raising children. Disney had paid $40M for Babble in 2011, one of a number of parenting sites acquired in the era by Disney Interactive.

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Tech Leaders Weigh In On Tim Berners-Lee’s “Contract For The Web”

Xconomy

Looking back over the past two years, it seems that public perceptions of tech companies have shifted, compared with the eager acceptance that often prevailed as innovations from these businesses transformed social interactions, transportation, and other aspects of life. In early 2017, a more critical mood began to take hold as Uber’s allegedly biased employment practices and management style were scrutinized.

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NantCell Receives $30M More From Celgene, Now A $4 Billion Unicorn

socalTECH

Los Angeles-based NantCell , one of the biotech companies run by billionaire Dr. Patrick Soon-Shiong, has raissed another $30M from Celgene , according to the two companies. According to NantCell, it has now raised a total of $105M from Celgene which values NantCell at $4 billion. NantCell is developing immunotherapy products, and is working on a portfolio of biological molecules that it says will enable it to develop a cancer vaccine to combat multiple tumor types without the use of high-dose c

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Microsoft, Kroger Advance Grocery Tech to Fend Off Amazon

Xconomy

From the cloud on down to the floors of supermarkets, the rivalry between Microsoft and Amazon spans many sectors in software, gadgets, and increasingly, retail. The Seattle-area tech giants are battling—both with one another, and other competitors—to further digitize grocery shopping. The latest salvo came on Monday from Microsoft (NASDAQ: MSFT ), which announced new details of its partnership with Kroger (NYSE: KR ), one of the leading grocery store chains in the U.S.

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Bitcoin IRA Launches White Label Product For Financial Advisors, Wealth Managers

socalTECH

Los Angeles-based Bitcoin IRA , a startup which is developing a platform to let people invest their retirement funds into cryptocurrency, says it is launching a new "white-label" product which will let any financial advisor, registered investment advisor (RIA), wealth managers, and others offer up investments into cryptocurrency IRAs for their clients.

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TP-Link Expands Mesh Networking Lineup

socalTECH

Brea, California-based networking products maker TP-Link is expanding its lineup of home "mesh" networking devices, saying today that it is rolling out the TP-Link OneMesh and Deco X10 mesh networking products. TP-Link said its new OneMesh product allows users to roll out mesh networking without having to replace existing devices or purchase a "whole new WiFi ecosystem" in their house, and its Deco X10 networking products supports AX WiFi (Wi-Fi 6).

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Blue Targets Prosumer Market, YouTubers With New $100 XLR Microphone

socalTECH

Westlake Village-based microphone maker Blue , best known for its USB microphones that are popular among podcasters and others, is moving up into the professional and prosumer market, saying this morning that it is launching a new, cardioid XLR condenser microphone specifically for the professional recording, YouTube production, and streaming market.